Opinion on house buying

Crashy_Time

claudio_1987 wrote: »

Thank you all for the responses I wil have a look on the house and see if it works for me before I have the talk, but I will try renegotiate as it means that road house prices will certainly drop any what thank you

Exactly, you need to re-negotiate.

claudio_1987

well make the idea clear will post the houses on road for sale or STC this year

81872288 The house i am buying 204k
82777538 230k house no garage but wel decorated and maintened

64846107 160k house that needs work
all the house are on rightmove just type rightmove put the number on it will come up


All same road very different prices and and decoration wise very different as well , i will put a new toilet and decorate the rooms new floor and paint etc , kitchen will do in a year or so.
The 160 k house is very poor maintained but i am sure deep clean and good scrub will look better then start the refurbish .

shortcrust

claudio_1987 wrote: »

well make the idea clear will post the houses on road for sale or STC this year

https://www.rightmove.co.uk/property-for-sale/property-81872288.html The house i am buying 204k
https://www.rightmove.co.uk/property-for-sale/property-82777538.html 230k house no garage but wel decorated and maintened

https://www.rightmove.co.uk/property-for-sale/property-64846107.html 160k house that needs work
all the house are on rightmove just type rightmove put the number on it will come up


All same road very different prices and and decoration wise very different as well , i will put a new toilet and decorate the rooms new floor and paint etc , kitchen will do in a year or so.
The 160 k house is very poor maintained but i am sure deep clean and good scrub will look better then start the refurbish .

Rightmove links in the quote above.

Well from the photos it's not like one's a bomb and the other a palace (but you never know what might be lurking unless you look) but the 160 one clearly does need much more work. I think it would have less interest. One thing I notice is that yours will get more sun at the back of the house, but that's probably not something you'd obsess about as much as me.

The last recorded sale for the road on the land registry is No 11 for £162k in June 2014. Pop that into the Nationwide calculator and it says that would be £194 today. It perhaps makes the 160 look a little too low.

The next door house is presumably a landlord selling given the state of the place.

RelievedSheff

It is the sold prices that matter not the asking prices.

claudio_1987

shortcrust wrote: »

Rightmove links in the quote above.

Well from the photos it's not like one's a bomb and the other a palace (but you never know what might be lurking unless you look) but the 160 one clearly does need much more work. I think it would have less interest. One thing I notice is that yours will get more sun at the back of the house, but that's probably not something you'd obsess about as much as me.

The last recorded sale for the road on the land registry is No 11 for £162k in June 2014. Pop that into the Nationwide calculator and it says that would be £194 today. It perhaps makes the 160 look a little too low.

The next door house is presumably a landlord selling given the state of the place.

ok thank you for the info do not and mean do not want to buy any other house just financially does not add up , may often renegotiate and see what the owner has t to say as also he need to sell to buy his new house .

Should i have chat with him before i see the other house or wait?

Shanris

Depends on your territory and terms

getmore4less

shortcrust wrote: »

Rightmove links in the quote above.

Well from the photos it's not like one's a bomb and the other a palace (but you never know what might be lurking unless you look) but the 160 one clearly does need much more work. I think it would have less interest. One thing I notice is that yours will get more sun at the back of the house, but that's probably not something you'd obsess about as much as me.

The last recorded sale for the road on the land registry is No 11 for £162k in June 2014. Pop that into the Nationwide calculator and it says that would be £194 today. It perhaps makes the 160 look a little too low.

The next door house is presumably a landlord selling given the state of the place.

The OP is buying a rental with a tenant needing eviction.

If the next door is vacant it may be a more predictable buy.

claudio_1987

getmore4less wrote: »

The OP is buying a rental with a tenant needing eviction.

If the next door is vacant it may be a more predictable buy.

Ye with best case scenario leaving on 5th november with my mortgage after ending on 3th november may have to extend the offer but the mortgage advisor said might need payslips again and we all known what that means might reduce the maximum i can borrow wich is 194000 , well wait and see.

Cakeguts

https://www.google.com/maps/@50.9283682,-1.3549817,3a,15y,235.45h,88.32t/data=!3m6!1e1!3m4!1sQCehn7RoZ8dkeXJRsG-wzA!2e0!7i13312!8i6656


There is a car parked in front of the garage blocking the parking space for the house next door.

markin

I don't see anything to justify the 40K difference, as long as you own the solar.